Minnesota Administrative Rules

2891.0050 INCOMPETENT, UNTRUSTWORTHY, OR FINANCIALLY IRRESPONSIBLE PRACTICES.

Subpart 1.

Description.

For the purposes of Minnesota Statutes, section 326B.84, subdivision 1, clause (6), the following acts and practices are considered incompetent, untrustworthy, or financially irresponsible:

A.

failure to maintain any required license bond, or Minnesota workers' compensation, liability, or unemployment benefits as required by applicable law;

B.

accrual of $500 or more in delinquent taxes, penalties, or interest, owed to the state, pursuant to Minnesota Statutes, section 270C.72; or

C.

diversion of funds paid to a licensee from the purposes for which the funds were intended.

Subp. 2.

Nonlimitation of authority.

Nothing in this part limits the authority of the commissioner to take action against a licensee for incompetent, untrustworthy, or financially irresponsible practices not specifically described in this part.

Statutory Authority:

MS s 45.023; 326.87; 326.98; 326B.821

History:

18 SR 1471; L 1997 c 66 s 80; L 1999 c 107 s 66; L 2000 c 343 s 4; L 2005 c 151 art 1 s 116; L 2007 c 140 art 8 s 30; art 13 s 4

Published Electronically:

July 31, 2007